Retail Development
New
For Sale
$749,999
1754 State Route 27, Edison, NJ 08817
Commercial Sale, Edison, NJ
Property Size2,000 SF
Lot Size0.20 Acres
Price / SF$374
Days on Market1
Property Features for 1754 State Route 27
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Retail
Parking
7
Directions
Route 27 north across from Festival Plaza.
Standard status
Active
APN
05001602100049
Size
2,000 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7689
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1952
Floors in Building
1
Listing Agency:
AMERICA AGENCY
(800) 541-1999
Listed By:
Louis Trenta
(732) 985-7894
Added: Oct 12
Last Checked: Oct 12 at 9:06PM
MLS# 2706081R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 0.2011-acre property is offered for redevelopment with a proposed 2,000-square-foot, two-story building. Plans show retail space on the ground floor, with the upper level designated for office or apartment use. Demolition of the existing house is required before construction. Township permits have been secured, and state, county, and local requirements are complete.
Public water and public sewer serve the property. The zoning designation is Retail.
Public water and public sewer serve the property. The zoning designation is Retail.
Key Highlights
- 0.2011‑acre redevelopment site
- Proposed 2,000‑square‑foot, two‑story building
- Plans include ground‑floor retail and an upper‑level office or apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,972
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,440
$559.4K
Cap Rate 7%
$399,600
$399.6K
Cap Rate 9%
$310,800
$310.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$43.2K $21.60/SF
− Vacancy
−$3.2K −$1.62/SF
EGI
$40.0K $19.98/SF
− OpEx
−$12.0K −$5.99/SF
NOI
$28.0K $13.99/SF
Area
Edison, NJ
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,440
Cap Rate 7%
$399,600
Cap Rate 9%
$310,800
Alternative Uses
Best Use
Retail
$399.6K
$349.7K – $466.2K
NOI $27,972 @ 7.0% cap · market cap 3.73%
Second Best
Mixed Use
$385.7K
$337.5K – $450.0K
NOI $27,000 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$648.2K
$567.2K – $756.2K
NOI $45,373 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,198
Businesses Nearby
170k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 60%
Dining 21%
Shops & Services 18%
Beauty & Spa 1%
H Mart
Groceries
101,666 visits/mo
0.2 miles
Burger King
Dining
13,892 visits/mo
0.1 miles
Paris Baguette
Dining
11,901 visits/mo
0.2 miles
TD Bank
Shops & Services
9,621 visits/mo
0.5 miles
Wells Fargo
Shops & Services
8,881 visits/mo
0.4 miles
Demographics for 08817, NJ
48,243
Population
17,260
Households
2.8
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
4,551
Density / Sq Mi
$109,734
Median Household Income
$54,631
Median Earnings
$1,946
Median Rent
$411,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Township permits are secured for a two-story concept with ground-floor retail and office or apartment space above.
Where is this commercial land located?
The property is located at 1754 State Route 27 Edison, NJ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 0.2011‑acre redevelopment site; Proposed 2,000‑square‑foot, two‑story building; Plans include ground‑floor retail and an upper‑level office or apartment
